22 Central DrMill ValleyCA94941
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mill Valley at 22 Central Dr, Mill Valley, CA, 94941 priced at $1,695,000 converts $12,077/mo rent into $1,592/mo cash flow after a $8,296/mo obligation. Total monthly income equals $12,077/mo, and annual cash flow totals $19,099/yr on $549,180 invested. Return on cash invested prints 23.85% in year one, and rental yield reads 8.55% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 123.86% and total cumulative return in cash sums $680,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $12,077/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
7,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94941, Mill Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,570 (61.8%) |
| Renter Occupied HU | 4,253 (30.6%) |
| Vacant Housing Units | 1,054 ( 7.6%) |
| Median Home Value | $1,915,531 |
| Average Home Value | $1,784,584 |
Housing Distribution
Address Breakdown
Residential
13,250
Single Family
10,899
Multi-Family
2,351
Businesses
1,106
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Listed by: Joan Kermath • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324060225
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.